Inverted head and shoulder on the hourly timeframe
We are looking at the possible breakup once the neckline resistance at 26,504 is broken. Once the neckline is broken, we will be targeting a sell at 161.8%-200.0% extension level
Trade active
False breakout of the inverted head and shoulder
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.